Egyptian banking sector’s net foreign assets decline to $21.3bn in March 2026: CBE

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The Egyptian banking sector's net foreign assets have dropped significantly, according to a recent report from the Central Bank of Egypt, indicating financial instability. The decline from $27.385 billion to $21.32 billion in just a month raises concerns about the banking system's health and the broader economy.

The Egyptian banking sector’s net foreign assets (NFA) stood at $21.32bn, equivalent to EGP 1.164trn, in March 2026, down from $27.385bn, or EGP 1.313trn, recorded in February, according to a report issued by the Central Bank of Egypt (CBE). The report showed that total foreign assets held by the banking sector—including the CBE and commercial […] The post Egyptian banking sector’s net foreign assets decline to $21.3bn in March 2026: CBE first appeared on Dailynewsegypt.